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(Solved): You have to worry about perfect multicollinearity in the multiple regression model because: in real ...



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You have to worry about perfect multicollinearity in the multiple regression model because: in real life, economic variables change together all the time. All of the above the OLS estimator cannot be computed in this situation. many economic variables are perfectly correlated.


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When two or more independent variables in a multiple regression model are fully associated, per...
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